Filed under: Uncategorized | Tags: Iraq, Iraqi civil war, Iraqi oil production, Lukoil, Norway, oil production, Russia, Statoil, West Qurna, West Qurna-2
As Norwegian Statoil bugs out.
Lukoil aims to invest around $2 billion in the West Qurna-2 oil field in Iraq this year, Bloomberg News reports. A company spokesman told Bloomberg that $200 million was invested there in 2011.
The oil company, the largest private energy company in Russia, also announced plans to start construction on a new oil pipeline and spell out details for its drilling program.
via Lukoil unveils investment plans for Iraq – UPI.com.
Filed under: Uncategorized | Tags: BP, civil war, Exxon, Exxon Mobil, Iraq oil exports, Iraqi civil war, Kirkuk, Kurdish region, oil exports, Schlumberger
As Iraqi production reportedly tops 3 mbd.
Exploration in northern Iraq has been held back in part by disputes between the central government and the autonomous Kurdish region over control of fields in Kurdish provinces.
The central government says it alone has the right to export Iraqi oil, and adds that deals signed by foreign firms with the Kurdish regional authorities, such as one announced by ExxonMobil, are illegal.
Luaibi repeated earlier remarks by Iraqi officials that an announcement on the Exxon deal would be made soon.
Luaibi said Iraq’s central authorities had received only 65,000 bpd of oil – less than half the 175,000 bpd they had expected – from the Kurdish region since the start of the year.
The central authorities say they suspect that missing Kurdish oil is being illegally exported abroad
via UPDATE 1-Iraq oil output over 3 mln bpd; first time in decades | Reuters.
Filed under: maps | Tags: exploration, Iraqi civil war, Kirkuk, kurdistan, Kurds, Natural gas, oil, petroleum, Shamaran Petroleum
High-res pdf from Shamaran Petroleum.
Added to the I.C. Energy & Transport Page.
Industrialized Cyclist Notepad 